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aehr test systems (AEHR) Details

Aehr Test Systems designs, engineers, develops, manufactures, and sells test and burn-in equipment used in the semiconductor industry worldwide. Its systems are used to simultaneously perform parallel testing and burn-in of packaged integrated circuits (ICs), singulated bare die, or ICs still in wafer form. The company offers Advanced Burn-In and Test System that tests and burn-in high-power logic and low-power ICs; FOX full wafer contact parallel test and burn-in systems designed to make contact with all pads of a wafer simultaneously, thus enabling full wafer parallel test and burn-in; and MAX burn-in system designed for monitored burn-in of memory and logic devices. It products also comprise WaferPak full wafer contactor, a cartridge system that includes a full-wafer probe card for use in testing wafers in FOX systems; DiePak carrier, a reusable, temporary package that enables IC manufacturers to perform cost-effective final test and burn-in of singulated bare die; and test fixtures that hold the devices undergoing test or burn-in and electrically connect the devices under test to the system electronics. In addition, the company offers customer service and support programs, including system installation, system repair, applications engineering support, spare parts inventories, customer training, and documentation. It markets and sells its products to semiconductor manufacturers, semiconductor contract assemblers, electronics manufacturers, and burn-in and test service companies through a network of distributors and sales representatives. The company was founded in 1977 and is headquartered in Fremont, California.

aehr test systems (AEHR) Key Developments

Aehr Test Systems announced unaudited consolidated earnings results for the third quarter and nine months ended February 28, 2015. Net sales were $2,027,000, compared with $5,612,000 for the same period of fiscal 2014. Aehr Test reported a non-GAAP net loss of $1.5 million, or $0.12 per diluted share, and a GAAP net loss of $1.7 million, or $0.14 per diluted share, in the third quarter of fiscal 2015. This compares to the non-GAAP net income of $447,000 or $0.04 per diluted share, and GAAP net income of $212,000, or $0.02 per diluted share in the third quarter of fiscal 2014. Loss from operations was $1,763,000 against income of $262,000, a year ago. Loss before income tax (expense) benefit was $1,660,000 against income of $234,000 a year ago. Net loss attributable to Aehr Test Systems common shareholders was $1,726,000 or $0.14 basic and diluted per share against net income of $212,000 or $0.02 basic and diluted per share a year ago.
For the nine-month period, the company reported net sales were $8,200,000 against $14,314,000, a year ago. Loss from operations was $4,883,000 against income of $284,000, a year ago. Loss before income tax (expense) benefit was $4,711,000 against income of $178,000 a year ago. Net loss attributable to Aehr Test Systems common shareholders was $4,747,000 or $0.40 basic and diluted per share against net income of $183,000 or $0.02 basic and diluted per share a year ago. Non-GAAP net loss was $4,053,000 or $0.34 diluted per share against net income of $808,000 or $0.07 diluted per share a year ago.

Aehr Test Systems to Report Q3, 2015 Results on Mar 26, 2015

Mar 10 15

Aehr Test Systems announced that they will report Q3, 2015 results at 5:00 PM, US Eastern Standard Time on Mar 26, 2015

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